Konecranes Oyj (Konecranes Oyj) Debt-to-Equity : 0.63 (As of Mar. 2024)

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What is Konecranes Oyj Debt-to-Equity?

Konecranes Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $250 Mil. Konecranes Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $795 Mil. Konecranes Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,671 Mil. Konecranes Oyj's debt to equity for the quarter that ended in Mar. 2024 was 0.62.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Konecranes Oyj's Debt-to-Equity or its related term are showing as below:

KNCRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.72 Max: 1.06
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Konecranes Oyj was 1.06. The lowest was 0.55. And the median was 0.72.

KNCRF's Debt-to-Equity is ranked worse than
61.7% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.395 vs KNCRF: 0.63

Konecranes Oyj Debt-to-Equity Historical Data

The historical data trend for Konecranes Oyj's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Konecranes Oyj Debt-to-Equity Chart

Konecranes Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.84

0.94

0.64

0.77

0.60

Konecranes Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.69	0.69	0.64	0.60	0.63

Competitive Comparison of Konecranes Oyj's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Konecranes Oyj's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Konecranes Oyj's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Konecranes Oyj's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Konecranes Oyj's Debt-to-Equity falls into.

Konecranes Oyj Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Konecranes Oyj's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(247.764	+	793.566)	/	1739.149
	=	0.60

Konecranes Oyj's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(249.891	+	794.565)	/	1671.413
	=	0.62

Konecranes Oyj (OTCPK:KNCRF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Konecranes Oyj Debt-to-Equity Related Terms

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Konecranes Oyj (Konecranes Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Konecranes Oyj (OTCPK:KNCRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KNCRY:USA KCRh:UK 0MET:UK KCR:Finland K34:Germany

Address

Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801

Website

https://www.konecranes.com

Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.